Section 18A benefits you and HAWS.

Section 18A of the South African Income Tax Act provides significant tax relief for individuals and companies that make contributions to registered public benefit organizations (PBOs).

One of the primary benefits of this provision is that it allows taxpayers to deduct their donations from their taxable income, effectively reducing their overall tax liability.

This encourages philanthropy and supports the vital work of non-profit organizations in areas such as education, health, and community development.

Additionally, by fostering a culture of giving, Section 18A not only benefits donors through financial incentives but also enhances the sustainability and impact of PBOs, ultimately contributing to social welfare and economic development in South Africa.

This symbiotic relationship promotes a more engaged and socially responsible society.